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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest and dividend income    
Loans, including fees $ 10,082 $ 7,959
Investment securities    
Taxable 1,406 504
Tax-exempt 14 14
Federal Home Loan Bank of New York stock 55 24
Total interest and dividend income 11,557 8,501
Interest expense    
Deposits 4,077 1,474
Borrowings 236 136
Total interest expense 4,313 1,610
Net interest and dividend income 7,244 6,891
Provision for credit losses- loans 384 317
Provision for credit losses- commitments 97
Net interest and dividend income after provision for credit losses 6,763 6,574
Other income    
Service charges 303 245
Income on bank owned life insurance 95 95
Interest rate swap fees 57
Gains on sales of premises and equipment 60
Other operating income 22 20
Gains on sales of loans 129 180
Total other income 609 597
Other expenses    
Compensation and employee benefits 2,847 2,621
Occupancy expenses 790 761
Professional fees 226 179
Data processing expenses 140 146
Director fees and benefits 224 201
Marketing and business development 97 126
FDIC deposit insurance premiums 103 54
Other expenses 593 493
Total other expenses 5,020 4,581
Income before income tax expense 2,352 2,590
Income tax expense 700 780
Net income $ 1,652 $ 1,810
Earnings per share - basic (in Dollars per share) $ 0.26 $ 0.28
Earnings per share - diluted (in Dollars per share) $ 0.26 $ 0.28
Weighted average shares outstanding - basic (in Shares) 6,387,010 6,456,525
Weighted average shares outstanding - diluted (in Shares) 6,387,010 6,459,446